A one-year call option on a stock with strike price of $90 costs $6 and a one-year put option on the same stock with strike price of $90 costs $7. Suppose that a trader buys one call option and one put option.

a What is the breakeven stock price, above which the trader makes a profit?(sample answer:$125)

b.What is the breakeven stock price, below which the trader makes a profit?(sample answer:$125)